Intercept Rx prides itself on having experts who are not only highly knowledgeable in their field but also deeply committed to the mission of providing transparent and cost-effective pharmacy solutions. Today, we're excited to introduce you to Don Anderson, our...
Resources & Insights
Stay informed on key topics within the health benefits arena and learn how to find the best solutions for your healthcare needs. Our articles provide comprehensive insights into the complexity and value of medications, health policy updates, and strategies for navigating complex healthcare decisions.
Categories: Blog
Open Enrollment 2024: How to communicate Pharmacy Benefits to your employees
Key Takeaways November is a key time for employees to understand and choose their pharmacy benefits, impacting their health and finances. Many employees find Open Enrollment overwhelming—simplified communication helps them make better choices. Start communication...
Strategies for employers to reduce healthcare costs as insurance premiums rise
Key Takeaways Employer-sponsored health insurance premiums have increased by 6%, impacting both companies and employees financially. Managing healthcare costs is essential for companies to maintain financial stability without reducing the quality of employee benefits....
Pharmacy benefit tiers explained – Essential insights for employers
Key Takeaways Tiers group medications by cost to balance affordability and access, with most employers using three or four levels. Tiers help manage pharmacy expenses, which make up a large portion of healthcare costs, with PBMs negotiating prices. Tiers offer...
How Intercept Rx lowers out-of-pocket prescription costs for employees
Key benefits of Intercept Rx’s Rx Optimization Program Lower out-of-pocket costs: Intercept Rx reduces employees’ prescription expenses through its Rx Optimization Program. Transparent pricing PBM: No hidden fees, with savings passed directly to employers and...
The hidden cost of fully insured plans: Why self-funding is usually better for employers
The insurance industry has a "dirty secret" about the hidden cost of fully insured plans that many employers are unaware of – health insurance companies prefer fully insured plans because they’re more profitable for them, but often far less beneficial for employers....
9 key tips for attracting and retaining top talent in today’s competitive job market
In today’s competitive job market, attracting and retaining top talent has become one of the biggest challenges for employers. While offering competitive compensation remains important, employees now seek more than just a paycheck. They are looking for companies that...
Pharmacy Spend Management: How brokers can optimize costs for clients
In today's healthcare landscape, managing pharmacy spend has become a critical concern for employers and employees. With prescription drug costs steadily rising, the impact on company budgets and individual out-of-pocket expenses cannot be overstated. As these costs...
2025 forecasts and takeaways for plan sponsors
As we step into the second half of 2024, the landscape of healthcare and pharmacy benefits continues to evolve at a rapid pace. Prescription drug prices, accessibility, and affordability remain at the forefront of discussions, not only among policymakers but also...